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468: Trading Price Action With 21 Years of Wisdom - Andrew Mitchem
Manage episode 435006731 series 3562180
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Trading Price Action With 21 Years of Wisdom
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In episode 468 of the Desire To Trade Podcast, we will be listening to the recording of an interview with the legend, Andrew Mitchem, and they talk about trading price action with 21 years of wisdom. Discover why he emphasizes the importance of finding high-probability candle patterns and managing risk.
The video is also available for you to watch on YouTube.
Topics Covered In This Episode- 00:00 Introduction
- 00:44 What’s new with Andrew?
- 01:33 Andrew's trading style and strategy
- 03:18 Trading different timeframes
- 06:35 Risk management and Fibonacci levels
- 09:00 Longevity and consistency in trading
- 10:51 Selecting pairs to trade
- 13:06 Managing correlations and trade selection
- 14:49 The importance of dedication and realistic expectations
- 18:26 Balancing excitement and discipline in trading
- 22:19 The importance of guidance and community support
- 24:18 Avoiding the constant search for new strategies
- 26:24 Knowing when it’s enough and managing drawdowns
- 28:27 Training your eye and backtesting visually
- 30:22 Andrew's goals and enjoyment in trading
- 32:14 How to find Andrew Mitchem
- and much more
What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group!
Desire To Trade's Top Resources- DesireToTRADE Forex Trader Community (free group!)
- Complete Price Action Strategy Checklist
- One-Page Trading Plan (free template)
- Recommended brokers:
- Desire To TRADE Academy
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What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
How to find Andrew MitchemWhat one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
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